Dhaka     Tuesday   04 August 2020

Mukesh Ambani among world's 10 wealthiest people

8 || risingbd.com

Published: 03:50, 23 June 2020   Update: 15:18, 26 July 2020

Mukesh Ambani, Asia's richest man, is now among the world's top 10 wealthiest people.  Ambani is the only person from Asia on the list.

According to the Bloomberg Billionaires Index, his net worth recently surged to $64.5 billion.

Ambani is the chairman and chief executive of one of India's most valuable companies, Reliance Industries.

Under Ambani's leadership, Reliance has grown from an oil and energy company into a sprawling conglomerate that includes retail shops, a mobile and broadband carrier, digital platforms and more.

This new milestone comes shortly after Ambani amassed more than $16.5 billion in investments in just around three months for Reliance's digital technology arm, Jio Platforms, and despite challenges to the oil side of Reliance's business.

The fundraising blitz and a recent share sale have made Reliance Industries debt-free, the company said in June. The company said its net debt at the end of March was 1.61 trillion rupees ($21 billion).